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5/30/25, 8:53 AM UAE Delegation Attends 15th BRICS Trade Ministers Meeting in Brazil - Middle East Business News and Information - mid-east.info
The BRICS Trade Ministers’ Meeting is an annual event that coincides with the BRCS summit
and represents an important platform to strengthen ties, coordinate efforts and to foster trade
and economic initiatives.
BRICS is comprised of Brazil, Russia, India, China, South Africa, (original members) and has
expanded in recent years to include Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia, and the
United Arab Emirates. Collectively, the BRICS nations represent a significant portion of the
global economy, accounting for approximately 40% of the world’s population and around 25%
of global GDP. The UAE became a member of BRICS in 2024, reflecting its strategic focus on
expanding diplomatic and economic ties with markets throughout the world to further enhance
its role in driving global economic growth and prosperity.
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